Nigerian presidential candidate understates country’s exports

Published on 04/08/2022 at 18:21

Nigerian opposition politician and presidential candidate Peter Obi has twice claimed that the country exported less than $30 billion of goods and services in 2021, underperforming smaller African peers such as Morocco. Obi argued that Nigeria was “not a producing country” and has a weak export base, causing dollar scarcity in the country. However, the claim is false; official data shows annual exports from the west African country have exceeded $30 billion for well over a decade.